Santelli Sreaming for Sanity and ACTION!!

ummm......I was serious about us having to move into a house that had sewage collecting in the cellar......
why, do you have sewage collecting in your cellar, or other problems that would cause hud to say no thanks....this place doesn't make the grade?
should any of the taxpayers be finding themselves in a position where this type of housing is their only alternative because the subsidies that are
being given to the poor so badly overshadows what they are making, and yet, well, they don't qualify for those subsidies? do you have any idea just
how easy it is to just say good bye to that wage earner and well, join the crowd, and live off the public dime?
this is why I say, not helping those in the lower middle class is the moral hazard!! you are picking off the middle class one family at a time,
forcing them to adjust their lifestyle to one that appearently is more appropriate at least in the government's eyes.....single mom, on welfare,
overburdened dad, working two jobs and still not being able to afford the basic needs, and well, a government raking in the money and who cares what
happens to it after child support collects it!
and of course, no one is truly living within their means now, are they?

Then Minta's mortgage was sold and packaged with a bunch of others like it, diced, minced, reprocessed into collatoral for securities over and over
agian, called AAA by someones in-law, and sold to everyone so that everyone goes down together.
Now we are trying to treat the symptom of what was inevitable. By keeping Minta in her house, maybe all the worthless paper will come back to life
and the banks will be made whole again. She had better start working triple time, for America.
It seems unreal that there are people this irresponsible to take out a loan they can't repay, but the fact that the banks, who knew better made the
loan is basically fraud. The government had it's role in facilitating and encouraging these practices.
Now we will all get to pay the piper. The next couple years at least will be rough, and I don't have much faith in our leaders to fix this the
right way.

That's a simple one to answer. Look at whom owns the networks and with whom they associate. You will find if you dig hard enough, that the name
Randle Rothschild comes into play each time.

He runs controlling interest in the multiple companies that have controlling interest in the Fed. Res. Bank, our Central banks, and the World Banks
system.
Did you think Mel Gibson was a stupid person?
Foolish at a time maybe, but very well studied and very intelligent.
I guess when you know that kind of information, it's hard to hold in.

no, I didn't miss his point, I don't think, I believe he was talking about how the news media was now ganging up on this lone guy, trying to
diffuse what he's started....
I am just saying, ya, they are gonna do whatever they can to protect their interests....

and well, they are in a position to sit there on tv night after night, declaring a bottom to this mess, ect....hoping that you will bite and start
investing, so they can unload without taking such a loss.

Originally posted by dawnstar
this is why I say, not helping those in the lower middle class is the moral hazard!! you are picking off the middle class one family at a time,
forcing them to adjust their lifestyle to one that apparently is more appropriate at least in the government's eyes.....single mom, on welfare,
overburdened dad, working two jobs and still not being able to afford the basic needs, and well, a government raking in the money and who cares what
happens to it after child support collects it!
and of course, no one is truly living within their means now, are they?

If everyone received free health care, free education, and a basic income and no penalties levied against that basic income when they go out an earn
more money, then the system would be more fair.

As it is, I can see how a struggling family would easily go on the welfare system if just one member of the family needed serious medical treatment.
There is no encouragement to keep many people working when their single mom neighbor is sitting at home in a better position and not even working.

What I advocate does not take incentive away from anyone, and it encourages, even facilitates people to get on the road to self improvement and
working at a job.

We are all slaves to the gov. anyway, so why not be paid slaves. Even the slaves that built the pyramids were looked after by a Pharaoh who realized
that if his slaves had a home, were well fed, and given a wage that they would produce more work. They were taxed back a meager 10% ...LOL....and they
were called slaves!!! Wake up people!

This economic disaster is going to create a social nightmare and a HUGE crime wave across the country....and that is going to cost hundreds of
billions to prosecute criminals and house them. Less jobs means more poverty. More poverty means more desperate people. More desperate people means
more crime. More Crime means more money spent on Jails and social programs. It goes on and on.

The war on poverty has failed. The system I advocate won't cost trillions, and it will put us back on track fast!!

To all who are missing the point thinking that Santelli is ok with Wall St bailouts....you are just flat out WRONG

His point is (and you would know this if you just did a tiny bit of research) that the ONLY way out of this mess is through true free market
capitalism.....no bailouts for ANYONE, not even Wall St...Government intervention got us into this mess...Gov't intervention PROMOTED and ALLOWED the
greedy and predatory banksters to rip us all off....He simply wants free markets to be allowed to be free.....

As hard as it is for some to wrap their minds around it...a TRUE free market system will ALWAYS be more compassionate than a socialist market
model...Just look at history for proof.

Some just can't allow themselves to see the objective truth, but it is NOT compassionate to ENFORCE compassion at gunpoint..

Anyway, those that don't get it will soon be on your own....You want socialism?....it's all yours:

To those who think Americans won't act....hold on to your hats, it's gonna be a long hot summer

Well friend, I rent, I am 59, never owned a home and lived in a lot of rat holes I have a leaky roof the landlord wont fix,I live in the hood,I
surrounded by substandard housing.

So you are barking up the wrong tree, friend.

Once I tried to buy a home a few years ago, it was 100,000, I couldn't get a loan,

I don't know how people get these loans, now I am glad I didn't get the loan.

Yes I rent, but I and my husband work on the house ourself, imagine that?

[edit on 092828p://bFriday2009 by Stormdancer777]

I'll second that.
I am an engineer, I got caught in this early in Oct. because of one company going under, I got squeezed out.
We have a house that is paid for that we rent out. We signed a lease for the one in the town where I work. I've been living on crap just to pay the
end of my lease in two more months. Now I cannot renew the lease with the people that are in our house so they are out of luck.
I make 200k give or take because I do contract.
I've lived well below my means. I drive cars that have over 175k miles each. I've lost most of my retirement.
Where is my bailout?
Where?
I am the one that they want to do away with.
They would love it if I had to work for 10 dollars an hour.
So on top of all that, I've got to pay to bail everyone else out too?

When I was young there were times we had no running water, no electricity, no car, no phone, nada,
we hunted, fished and grew our own food, I loved those days, I can see us going back to them, if they don't take our guns away, guess I can throw
stones.

The cowboy avatar suits your attitude. Sorry, but cowboys are a dying breed. Who says socialism has to be forced on people with the barrel of a gun?
Do they do that in Canada? Sweeden? Capitalism and Imperialism is selfish and greed motivated. Besides, I don't call the system I advocate as being
socialism....I call it equal, fair and compassionate.

Obviously manufacturing, big business and small business will still be there as demand for products and necessities dictates, and so will competition
and JOBS, yes jobs....we need jobs before the poverty that results in the crime wave hits us....cuz we can't afford that!

Once that is gone, what is the point. I might as well just roll over and die!

Give me freedom, or give me death!

I'm all for freedom. But poverty is not freedom my friend. Poverty brings ridicule, humiliation, scorn, loss of dignity, loss of self respect,
health problems, social problems, kids that grow up to be criminals, I can go on and on....and where is the FREEDOM in any of that when you are
crushed and oppressed by it?

Please elaborate on why you feel letting these homes go into foreclosure would 'doom America' so to speak? I've looked at various websites
and read a bit on this one as to the whole situation, but I still have a hard time beleiving it would collapse the system because a few people lost
their homes. No flames please, I am asking a serious and legitimate question.

Chrono

Chrono,

Here is a link to a list
of the top ten cities in the US regarding foreclosures. I think it's interesting that people think that when someone gets evicted out of a house
they can't afford that they are going to be living on the streets rather than going and getting an apartment. Worst case, they stay with some
friends or family until they find an apartment to rent. Most of the people in this situation are like some friends of the family I have. They
refinance their house every two years, take their entire family (extended family included) to Hawaii for a two week vacation. They have over ten
credit cards (because they mentioned it in conversation once recently) and they are all maxed out. But what do they do? They continue to go shopping
spending money they don't have on things they don't need. I know they are getting close to having to find a new place to live that doesn't cost so
much. Their poor decisions are what got them to where they are. Will I feel sorry for them when they have to walk away from the property? Not
really.

Originally posted by disgustedbyhumanity
Thay have gotten to all of you. Santelli is an idiot. Of all people he should realize why we have to take these actions. Same with the bozozs in the
trading pits. All they know is how to take advantage of folks to further their own means. They are just afraid they won't be able able to buy 2nd and
3rd homes and investment profits even further below true value.

They refuse to look at what happens if you let these 10 million+ foeclose on their homes. It will lead to another 10 million and then another 10
million foreclosures. No financial institution will survive. No insurance company survives. No brokerage survives. All thes efolks will be on the
unemployment lines. And when that happens all these same folks will be lining up thousands deep with their hands out to the goverment asking for help.
Just think of the FDIC liability alone. It is pay now or pay much more a bit later. There is no easy way out.

What's ironic tis that hese are the same bozos that bought and sold your mortgage dozens of times over. and because of that there is no easy
solution. I would prefer more help but this plan isn't a bad start.

Moral hazard my ass.

Wow where did you learn economics. This has happened before and it will happen again the only difference is this time the government intervention may
cause the problem to get far worse. Reality the only way a free market corrects is though bankruptcies and foreclosures When a bank fails its assets
are purchased by another bank. Holding bad mortgages on the books just prolongs the agony.

I'm all for freedom. But poverty is not freedom my friend. Poverty brings ridicule, humiliation, scorn, loss of dignity, loss of self
respect, health problems, social problems, kids that grow up to be criminals, I can go on and on....and where is the FREEDOM in any of that when you
are crushed and oppressed by it?

True. But when "Keeping up with the Jones's" is what got them so far in debt that they come tumbling down, I don't have pity for them. I was
talking to a guy down the street that was being foreclosed upon and he was depressed. He's going to have to sell his boat, and three of his cars,
not to mention his two four-wheeler ATV's. His garage door was open and I could see that it is impossible for him to get any of his cars into it
because it's jam packed full of stuff they've accumulated over the years. I have to say, I think being bumped down a couple of notches will do
these people more good than harm, even if their ego's take a hit.

I'd just like to remind you that if you want to "ACT" you should contact your state reps and tell them to claim sovereignty that they should
enforce the 10th amendment, if they haven't already. and if they have congratulate them on not being Vagina's and dong there duty when the Federal
government go's corrupt.

This is the one of the single most important and effective things you can do as a just a joe blow American.

Originally posted by John MatrixIf everyone received free health care, free education, and a basic income and no penalties levied
against that basic income when they go out an earn more money, then the system would be more fair.t if his slaves had a home, were well fed, and given
a wage that they would produce.

If the health care and education were really "free", I'd agree with you. I spent six years living in Germany and got to see their system up close
and personal. I can assure you that there's nothing free about either of those things. Those people over there pay most of their money in taxes to
pay for those "free" things. There's absolutely no way I'll support such a system.

I'm not compassionate enough to feel even remotely responsible for someone else's health care costs. That's their problem, and their family's
problem. That may sound cruel, but there's literally nothing in the Constitution that says that I as a citizen am required to take care of another
citizen and their expenses.

There are enough socialistic countries around the world that if it's what you truly want, they are there for you. I can tell you this though. I
have several friends over there in Europe and they all want the same thing. They all want to come here to the US. Why do you think that might be?
I'll tell you why. They are literally sick of the socialist ways of Europe and want to live in a society where they are on their own two feet and
get to keep the money they earn rather than hand it over to the government to be given to other people.

I hate the bailouts. I despise the mortgage bailouts. Those people are being given our money because of their idiocy. That will certainly teach
them a lesson. Reward failure and you'll continue to get failure.

I wouldn't be within a 1000 miles of that tea party. Its round up time imho.

I believe that this whole economic mess is being and has been engineered to break into the nwo and regional governments. It is the only logical
outcome that I can imagine without being too far fetched.

Just prepare for disaster and keep feer out of your hearts...anger as well. Both emotions cause the overreaction.

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